Caci Intl Inc Stock Price, News & Analysis

CACI International Inc has announced its acquisition of SA Photonics, Inc. for $275 million, aiming to enhance its capabilities in free-space optical (FSO) communications. This acquisition will allow CACI to provide faster data transmission solutions that are 25 times quicker than traditional systems while reducing size and cost. The merger is expected to increase CACI's production capacity in the U.S. and strengthen its position as a leading FSO laser communications provider for government and commercial sectors. The deal is anticipated to close by the end of the calendar year.

CACI International Inc (NYSE: CACI) announced its fiscal Q1 2022 results, reporting revenues of $1.5 billion, with a net income of $88.1 million and diluted EPS of $3.70. Adjusted net income was $101.1 million with an adjusted diluted EPS of $4.24. Contract awards reached $2.4 billion, with a backlog totaling $23.9 billion, marking a 9% increase year-over-year. CACI reaffirmed its FY22 guidance, projecting revenues between $6.2 billion and $6.4 billion and adjusted diluted EPS between $18.00 and $18.83.

CACI International Inc (NYSE: CACI) has been awarded a prime position on the U.S. Navy’s Technical Support Services contract, valued at $575 million. This six-year contract will enable CACI to enhance sailor readiness and support the MyNavy HR information system transformation. CACI's role includes managing enterprise technology architecture, data management, and business process reengineering. With over 25 years of experience supporting the Navy, CACI aims to improve access to critical information for sailors and their families, thereby boosting productivity and operational performance.

CACI International Inc (NYSE: CACI) has received a 15-month contract worth $4.9 million from the U.S. Air Force Research Laboratory to enhance high-power multi-spectral laser technology. This program aims to support advanced electro-optical sensors for various military missions. The project involves developing a laser prototype that covers a wide range of wavelengths, from ultraviolet to short-wavelength infrared. CACI's President John Mengucci noted a rising demand for such high-performance lasers, which align with the Air Force's operational needs.

CACI International Inc (NYSE: CACI) has unveiled its latest technologies aimed at countering threats from unmanned aircraft systems (UAS) at the AUSA Annual Meeting, held from Oct. 11-13, 2021. The new CORIAN 2.0 and CORIAN Tactical systems are part of the SkyTracker® Suite, featuring advanced sensors for comprehensive threat coverage. These systems enhance operational effectiveness, are easy to integrate, and offer rapid installation. CACI aims to address diverse C-UAS challenges, backed by extensive threat signals and experience.

CACI International Inc will display its innovative technologies at the AUSA Annual Meeting in Washington, D.C. from October 11-13, 2021. The company's SMART portfolio aims to enhance the U.S. Army's decision dominance across all operational domains. Key highlights include resilient communication systems, advanced counter-unmanned aircraft systems, and secure mobile platforms to facilitate 'work from anywhere'. CACI is recognized as a Fortune World's Most Admired Company and is part of the Fortune 500, consistently delivering strong shareholder value.

CACI International Inc has joined the GitLab Partner Program as the first federal system integrator, enhancing its software development capabilities for the U.S. Federal Government. This collaboration aims to improve software delivery speed, security, and compliance through GitLab's DevOps platform. CACI emphasizes its expertise in agile software development and IT modernization, which aligns with GitLab's goals to support government agencies. The partnership marks a strategic move to meet national security needs efficiently.

CACI International Inc (NYSE: CACI) will release its fiscal 2022 first-quarter financial results on Wednesday, October 27, 2021, after market close. A conference call, led by CACI's senior management, is scheduled for Thursday, October 28, 2021, at 8:30 am Eastern Time, to discuss the results and answer questions. CACI aims to showcase its commitment to providing innovative technology and expertise to government and mission customers, reinforcing its position as a Fortune World's Most Admired Company.